GBP/USD is currently consolidating the 170-pip sell-off seen of Monday after GBP/USD rejected the daily 50-period simple moving average at 1.3372. GBP/USD bulls are now trying to regain the 1.3300 figure for the second time on Tuesday. A failure at 1.3300 would likely see GBP/USD comes back to 1.3250 while a breakout above 1.3300 can see a spike to the weekly high near the 1.3363 level. GBP/USD 15-minute chart Spot rate: 1.3276 Relative change: 0.12% High: 1.3302 Low: 1.3223 Trend: Neutral to bearish Resistance 1: 1.3300 figure Resistance 2: 1.3363 weekly high Resistance 3: 1.3400 figureResistance 4: 1.3472 June’s high Support 1: 1.3250 June 4 high Support 2: 1.3200 figure Support 3: 1.3155 former breakout point Support 4: 1.3100 figure Support 5: 1.3049 current 2018 low Support 6: 1.3027 October 6, 2017 swing low FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next BoC to lift rates by 25 bps – TDS FX Street 3 years GBP/USD is currently consolidating the 170-pip sell-off seen of Monday after GBP/USD rejected the daily 50-period simple moving average at 1.3372. GBP/USD bulls are now trying to regain the 1.3300 figure for the second time on Tuesday. A failure at 1.3300 would likely see GBP/USD comes back to 1.3250 while a breakout above 1.3300 can see a spike to the weekly high near the 1.3363 level. GBP/USD 15-minute chart Spot rate: 1.3276 Relative change: 0.12% High: … Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
